TradeWize · free chart read
GC closed below its rising channel at $4198.71 and fell back above it this bar. The break failed. A close back below $4198.71 would change that.
What the read found
- Trend: lower highs and lower lows over the window, 4 steps across 81 bars, still intact
- Formation: rising channel — Closed below $4198.71 11 bars ago, then closed back above it this bar. The break failed.
- Decides above: $4216.20 (the rising channel)
- Decides below: $4198.71 (the rising channel)
- Support: $4189.65
- Support: $4184.50
- Level history: The last four times price reached $4189.65 it held twice, bouncing 0.7% on average, and broke through twice.
- Level history: The last two times price reached $4184.50 it held every time, bouncing 0.5% on average.
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Every figure on this page was computed from the real candles up to 2026-10-02. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns